Aberdeen Development Capital (LSE:AVC) Accounts Payable & Accrued Expense : £3.61 Mil (As of Nov. 2011)

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What is Aberdeen Development Capital Accounts Payable & Accrued Expense?

Aberdeen Development Capital's quarterly accounts payable & accrued expense declined from Nov. 2010 (£5.93 Mil) to May. 2011 (£4.60 Mil) and declined from May. 2011 (£4.60 Mil) to Nov. 2011 (£3.61 Mil).

Aberdeen Development Capital's annual accounts payable & accrued expense declined from May. 2009 (£8.76 Mil) to May. 2010 (£5.76 Mil) and declined from May. 2010 (£5.76 Mil) to May. 2011 (£4.60 Mil).

Aberdeen Development Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Aberdeen Development Capital's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Aberdeen Development Capital Accounts Payable & Accrued Expense Chart

Aberdeen Development Capital Annual Data

Trend

May04

May05

May06

May07

May08

May09

May10

May11

Accounts Payable & Accrued Expense

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20.04

11.00

8.76

5.76

4.60

Aberdeen Development Capital Quarterly Data
	Nov03	May04	Nov04	May05	Nov05	May06	Nov06	May07	Nov07	May08	Nov08	May09	Nov09	May10	Nov10	May11	Nov11
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial												8.62	5.76	5.93	4.60	3.61

Aberdeen Development Capital Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Aberdeen Development Capital (LSE:AVC) Business Description

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Address

Website

http://www.developmentcap.co.uk

Aberdeen Development Capital PLC is an investment trust. Its investment objective is to conduct an orderly realisation of the assets of the company, to be effected in a manner which maximizes value for ordinary shareholders. Its assets are invested in a diversified portfolio of unlisted securities spread across a range of industries and regions within the United Kingdom.

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